In Insert Coin, we look at an exciting new tech project that requires funding before it can hit production. If you'd like to pitch a project, please send us a tip with "Insert Coin" as the subject line.

The iPhone 5 already has its share of cases with extended batteries, but how about one with a backup plan for your backup plan? Taking to Crowd Supply for funding, Gridcase's Reactor features an internal 400mAh battery and a crank-powered 500mAh generator that allows users to manually distribute power to their phone's fading cell. Aside from being an on the go smartphone defibrillator, the Reactor adds a micro USB port to your iPhone 5, freeing it from being locked into using Apple's proprietary Lightning connector. If Gridcase's $350,000 crowdfunding campaign is successful and product development goes according to plan, the company will start sending out its first batch of orders in mid-November. As for pricing, the project's first 10,000 backers can score the Reactor for $99 while late adopters will have to pay a premium of $129. So, if you like what you're hearing and you're not afraid of a little manual labor, head on over to the source link below to make a pledge. For those of you who are still on the fence, check out the Reactor's demo video after the break.

Previous project update:NUIA eyeCharm is a $60 add-on for Microsoft's Kinect motion-tracking sensor that allows you to control your computer with your eyes. As of now the project has raised almost half ($46,900) of its $100,000 goal and has a little over two weeks left until its Kickstarter campaign ends. So, if it's your life's dream to be able to surf the web and scratch your head at the same time, then be sure to check out the eyeCharm before its April 7th deadline.